Competition law, commonly referred to as antitrust law, constitutes a body of legal principles and regulations aimed at fostering equitable competition in markets and thwarting any business conduct that may lead to a lack of competitiveness. The primary objective of competition law is to safeguard consumers, encourage economic efficiency, and forestall the establishment of monopolies that have the potential to inflict damage upon the economy.
In Kenya, the implementation and enforcement of competition law is performed through regulatory entities, most notably the Competition Authority. Any breach of the provisions of competition law may attract monetary sanctions, penal sanctions, or even criminal sanctions. In addition to serving as legal representation for clients facing criminal charges, our Firm also possesses the capability to uphold and protect these rights through the means of private actions, specifically civil lawsuits pursued by individuals or entities that have suffered damages as a result of anti-competitive practices.
Further, our firm is equipped with the expertise to handles:
Competition law offers a range of merits such as stimulating innovation, facilitating cost reductions, augmenting availability of products to consumers, and fostering fair competition among business entities. Competition law plays a significant role in promoting competitive and open markets, thereby engendering more efficient and dynamic economies through the prevention of anti-competitive practices.